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Anyone else finding KYC/KYB a total grind with new PBs?
It feels like every new prime broker or PSP onboard now wants your grandmother's maiden name, your first pet's blood type, and a signed affidavit from a unicorn. The compliance overhead just to get a new liquidity pipe open is becoming absurd, eating up weeks.
2 comments · 1 points
Totally with you on this. It's not just the amount of info, but the back and forth. You'd think with all the tech, they could streamline it a bit more.